Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Siemens AG
  6. News
  7. Summary
    SIE   DE0007236101

SIEMENS AG

(SIE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Siemens : Cargounit orders up to 30 locomotives from Siemens Mobility

09/22/2021 | 08:32am EDT

Press

Siemens Mobility GmbH

Munich, September 22, 2021

Cargounit orders up to 30 locomotives from Siemens Mobility

  • First call for ten Vectron locomotives with an option for 20 additional units in the coming years
  • Contract including maintenance
  • Largest order for Siemens multisystem locomotives in Poland

Cargounit, the largest independent locomotive leasing company in Poland, has ordered up to 30 Vectron MS locomotives from Siemens Mobility. The framework agreement includes the delivery of ten units by the end of 2023 and an option for 20 additional locomotives by 2024 as well as the maintenance of the vehicles. The first two locomotives will be delivered this year. The locomotives are planned for service in Poland, Germany, Austria, the Czech Republic, Slovakia, Hungary, Slovenia, Croatia, and Serbia, the Netherlands and optionally Romania and Bulgaria. The leasing company previously ordered six locomotives from Siemens Mobility in 2018 and 2019. Cargounit's Vectron fleet could grow to 36 locomotives by 2024.

"We are especially pleased to have received our largest Vectron MS order from Poland to date. With this order, Cargounit is investing in one of the most modern and at the same time most environmentally friendly universal locomotive available on the European market today," said Albrecht Neumann, CEO Rolling Stock at Siemens Mobility. "Thanks to their modular design, the locomotives offer operators maximum flexibility for sustainable, cross-border transport."

"The Cargounit strategy is based on dynamic development through investments in modern electric locomotives. The purchase of Vectron MS locomotives, which are the core of multisystem locomotive fleets operated by leading national and private

Siemens Mobility GmbH

Otto-Hahn-Ring 6

Communications

81739 Munich

Head: Sven Pusswald

Germany

Reference number: HQMOPR202109206303EN

Page 1/2

Siemens Mobility GmbH

Press release

carriers, fits perfectly into our company's development plans. International transport, especially in the intermodal segment, is the fastest growing segment of the market. The Vectron MS locomotives are a proven and valued platform for multisystem locomotives and are approved by many European countries. One important aspect when choosing a supplier of multisystem locomotives was the ability to quickly deliver fully homologated locomotives to meet the current needs of our customers," said Łukasz Boroń, President of the Management Board of Cargounit.

The ordered multisystem locomotives have a maximum output of 6.4 megawatts and a top speed of 200 km/h. They are equipped with the required national train control system as well as the European Train Control System (ETCS).

To date, Siemens Mobility has sold more than 1,114 Vectron locomotives, including 736 Vectron MS units, to 56 customers in 16 countries. The Vectron fleet has so far accumulated more than 490 million kilometers in service. The locomotives based on the Vectron platform are approved for operation in 20 European countries.

This press release and further material is available at:

www.siemens.com/press/vectron

Contact for journalists

Eva Haupenthal

Phone: +49 152 01654597; Email: eva.haupenthal@siemens.com

Follow us on Twitter: www.twitter.com/SiemensMobility

For further information about Siemens Mobility GmbH, please see: www.siemens.com/mobility

Siemens Mobility is a separately managed company of Siemens AG. As a leader in transport solutions for more than 160 years, Siemens Mobility is constantly innovating its portfolio in its core areas of rolling stock, rail automation and electrification, turnkey systems, intelligent traffic systems as well as related services. With digitalization, Siemens Mobility is enabling mobility operators worldwide to make infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience and guarantee availability. In fiscal year 2020, which ended on September 30, 2020, Siemens Mobility posted revenue of €9.1 billion and had around 38,500 employees worldwide. Further information is available at: www.siemens.com/mobility.

Reference number: HQMOPR202109206303EN

Page 2/2

Disclaimer

Siemens AG published this content on 22 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2021 12:31:07 UTC.


ę Publicnow 2021
All news about SIEMENS AG
10/25U.S. business borrowing for equipment rises 6% in September - ELFA
RE
10/25PRESS RELEASE : Linde plc: Linde Board Elects Two New Directors and Adds Sustainability Co..
DJ
10/25Linde Names Sanjiv Lamba as Chief Executive, Steve Angel Becomes Chairman -- Update
DJ
10/25SIEMENS HEALTHINEERS AG : Release of a capital market information
DJ
10/25SIEMENS : Emerging conductors Christian Blex and Oscar Jockel win Siemens Conductors Schol..
PU
10/25Shipping drifts off net-zero course without carbon levy -study
RE
10/22GoldenPeaks Capital holds inauguration ceremony for the 86MW Portfolio Bravo in Pszczew..
DJ
10/22SIEMENS : to Acquire Minority Stake in Renewable Energy Firm
MT
10/22Voith GmbH & Co. KGaA agreed to acquire remaining 35% stake in Voith Hydro Inc. from Si..
CI
10/21PRESS RELEASE : Sangui BioTech International Inc.: Granulox is awarded the prestigious Pri..
DJ
More news
Analyst Recommendations on SIEMENS AG
More recommendations
Financials
Sales 2021 61 557 M 71 485 M 71 485 M
Net income 2021 5 943 M 6 902 M 6 902 M
Net Debt 2021 34 774 M 40 383 M 40 383 M
P/E ratio 2021 19,1x
Yield 2021 2,58%
Capitalization 111 B 129 B 129 B
EV / Sales 2021 2,37x
EV / Sales 2022 2,19x
Nbr of Employees 299 000
Free-Float 88,0%
Chart SIEMENS AG
Duration : Period :
Siemens AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SIEMENS AG
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 24
Last Close Price 139,02 €
Average target price 167,08 €
Spread / Average Target 20,2%
EPS Revisions
Managers and Directors
Roland Emil Busch President & Chief Executive Officer
Ralf Peter Thomas Chief Financial Officer
Jim Hagemann Snabe Chairman-Supervisory Board
Hanna Hennig Chief Information Officer
Andreas Christian Hoffmann General Counsel, Head-Legal & Compliance
Sector and Competitors
1st jan.Capi. (M$)
SIEMENS AG18.29%128 887
BERKSHIRE HATHAWAY INC.25.47%656 784
HONEYWELL INTERNATIONAL INC.2.28%149 760
GENERAL ELECTRIC COMPANY21.88%115 577
3M COMPANY4.35%105 544
ILLINOIS TOOL WORKS INC.10.61%71 028